Bpifrance Participates in €300 Million Funding Round for Verkor's Battery Gigafactory
EUR300M
Deal Value
16 GW
Capacity
Bpifrance participated in a €300 million funding round for Verkor, a French battery manufacturer, to support the construction of its gigafactory.
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Counterparts (4)
Investor
Renault Group
Renault Group is a global automotive manufacturer that is increasingly involved in the energy transition through its electric vehicle offerings and related infrastructure. They are focused on developing and manufacturing electric vehicles and related technologies, as well as exploring opportunities in energy storage and charging infrastructure.
EIT InnoEnergy
EIT InnoEnergy is the innovation engine for sustainable energy, supported by the European Institute of Innovation and Technology. They invest in and support innovation across various stages, from early-stage startups to scale-ups, focusing on accelerating the energy transition.
Bpifrance
Bpifrance is a French public investment bank that supports companies with financing, investment, and guarantees. It focuses on supporting innovation, growth, and international development of French businesses.
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Announced
Jul 8, 2025
Signed
Closed
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